In Saint Petersburg, benefits will be provided for the implementation of the new terminal project in the port of Bronka

The authorities of St. Petersburg have granted the new seaport terminal project in Bronka strategic status and plan to provide significant preferences to the investor for its implementation.

According to information from the city’s administration press service, during a working meeting between Governor Alexander Beglov and city government members, support for this project, which has received the status of a strategic investment project, was announced. The executor will be the company “Phoenix,” which has also been designated as a strategic investor in St. Petersburg.

The governor emphasized that the development of seaports and terminals will contribute to the improvement of foreign economic infrastructure. He noted that the creation of a multifunctional transshipment complex in Bronka and the development of railway approaches to it have become key projects for Russia’s transport sector. Increasing the capacity of the Bronka port will allow for a broader range of cargoes and enhance the city’s transit capabilities.

“This project is strategic. Alongside the development of water and rail transport, a warehousing infrastructure will be created, which is important not only for Russia but also for other countries, including friendly Belarus,” Beglov stated, according to the press release.

The new terminal will be designed for receiving, processing, and customs clearance of cargoes and will become an important logistics hub for domestic routes. It will be connected to the seaport by road and rail routes. More than 70 new jobs are expected to be created at the terminal.

The status of a strategic investor provides significant advantages, including the possibility of obtaining land without bidding. The city will also offer rental benefits and the right to purchase land at a reduced price, as noted in the press release.

Ivan Skladchikov, head of the St. Petersburg Investment Committee, added that the terminal will be located in Lomonosov, away from the port complex itself, which will allow for the optimization of cargo logistics. Land plots totaling over 40 hectares will be allocated for its construction. The total investment in the project is expected to be no less than 4.2 billion rubles, and tax revenues to the St. Petersburg budget during the status of the strategic investment project are estimated at approximately 3.8 billion rubles. This status will remain in effect until the summer of 2034.

Skladchikov also reported that project design and survey work should be completed by 2025, and the construction itself by 2027, after which the new terminal will be put into operation. Considering the integration of the terminal into logistics chains, the project implementation will take 10 years (from 2024 to 2034). The payback period for the project is expected to be about five years.